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the increase in taxes according to president obama right now, by taxing the wealthy. you know, if you just allow the tax rates to go up to clinton era tax rates in the top two brackets, that would only raise $34 billion. last year we experienced a $1,090 billion deficit. you might get up to $80 billion. again, $80 billion versus that. so that's the revenue he wants to raise. that's what he hoodwinked the american people into believing that that's going to soft the debt issue. it doesn't even close the deficit by 8%. where the spending cuts? he talks about one dollar for three, one dollar for two and a half. i have yet to see a proposal out of this administration, or democrats in the senate who haven't passed a budget in three and a half years. so listen, i think republicans are willing to compromise for democrats. but but need to see their plan. i've never seen their plan. the only thing we've seen out of this president, out of democrats, is let's increase taxes, punish success. the most that will generate revenue $80 billion a year, talking about $1,090 billion defic
the increase in taxes according to president obama right now, by taxing the wealthy. you know, if you just allow the tax rates to go up to clinton era tax rates in the top two brackets, that would only raise $34 billion. last year we experienced a $1,090 billion deficit. you might get up to $80 billion. again, $80 billion versus that. so that's the revenue he wants to raise. that's what he hoodwinked the american people into believing that that's going to soft the debt issue. it doesn't even...
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but the obama administration lined up with the israelis. state department spokesman mark toner said the u.s. believes israel has the right to defend itself. >> our position is clear that there's no justification for the violence that hamas and other terrorist organizations are employing against israel. and the onus is on them to cease their rocket attacks so that this de-escalation can take place. >> suarez: earlier, i spoke with the israeli ambassador to the united states michael oren to discuss the latest developments. ambassador, what's the latest from tel aviv? where the strikes accurate? have missiles actually hit the city and is anyone snurt >> thankfully nobody was hurt. the rockets struck in the greater tel aviv area. the alarms went off. the sirens, prime minister netanyahu was in the city at the time to a bomb shelter and now this simply means that 4.5 million israelis-- over half the population of the state of israel-- has come under rocket fire from terrorists within gaza >> suarez: does this represent a significant of abilitys
but the obama administration lined up with the israelis. state department spokesman mark toner said the u.s. believes israel has the right to defend itself. >> our position is clear that there's no justification for the violence that hamas and other terrorist organizations are employing against israel. and the onus is on them to cease their rocket attacks so that this de-escalation can take place. >> suarez: earlier, i spoke with the israeli ambassador to the united states michael...
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stephanie: yeah right george bush appointed--yeah that's obama's fault. >> and that eric cantor didn't say anything about that, even though you knew something about it but didn't leave his--never mind. >> stephanie: diane in chicago. hi diane. >> caller: how are you this morning? >> stephanie: good go ahead. >> caller: john mccain has post election syndrome like sometimes it may not hit them until four years later and this is what is happening with him. so you know-- >> stephanie: normally you get too hold to old to hold a grudge? i'm too old to care about anything. >> no, they don't. no, they don't. he's thinking, oh, i should have reacted like this four years ago. let me get them now. >> stephanie: exactly. it gets worse and worse. you think he'll be over this by now. i think i'm--would you love to be a fly on the wall in his living room election night? he's the angriest dog in the world because it further validated obama. it was not a fluke. >> i'm sure he might have even wanted to hit something. >> stephanie: interesting. >> not a bit like ed harris. >> stephanie: la von, am i sayi
stephanie: yeah right george bush appointed--yeah that's obama's fault. >> and that eric cantor didn't say anything about that, even though you knew something about it but didn't leave his--never mind. >> stephanie: diane in chicago. hi diane. >> caller: how are you this morning? >> stephanie: good go ahead. >> caller: john mccain has post election syndrome like sometimes it may not hit them until four years later and this is what is happening with him. so you...
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. >>> developing now from the white house president obama and congressional leaders right now meeting behind closed doors for negotiations on the so-called fiscal cliff, something that both sides want to avoid but the big question, how much are they willing to give? here's what the president said within the last hour just before the bargaining began. >> our challenge is to make sure that, you know, we are able to cooperate together, work together, find some common ground, make some tough compromises, build some consensus to do the people's business and what the folks are looking for and i think all of us agree on this is action. >> nbc's kristen welker is live at the white house. give us a brief on the expectations going in -- open minded or closed minded from both sides? >> reporter: well, i think both sides are definitely open minded but that is not to say there aren't huge hurdles that they have to get over in order to come to some sort of deal to avoid the fiscal cliff which of course by all accounts if they cannot do that it could lead the economy back into a recession. there is
. >>> developing now from the white house president obama and congressional leaders right now meeting behind closed doors for negotiations on the so-called fiscal cliff, something that both sides want to avoid but the big question, how much are they willing to give? here's what the president said within the last hour just before the bargaining began. >> our challenge is to make sure that, you know, we are able to cooperate together, work together, find some common ground, make...
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coming right back with lou dobbs, is the stock market over because of president obama's reelection? dobbs is next >> bill: back of the book tonight, yesterday business leaders met with president obama. among those were the ceo of general electric, big obama guy, who as you may know, somehow figured out how ge could pay no income tax in 2010. nothing! lou dobbs. this is a sweet deal, isn't it? the president want to go raise taxes on you and me, particularly you and me. i think we were mentioned at the press conference yesterday. all right. and corporations in general, and then he invites immelt, who didn't pay any taxes. >> it doesn't seem right, but i'll forego the thrill of being in the meeting with him. it's amazing. immelt gets a pass. they've had one meeting and a jobs council which explains our high unemployment rate. >> bill: we should explain to the audience which was a job council and immelt is the president of it and they had one meeting this year. in that meeting, i think the president was there for like ten seconds and left. >> no one can figure out what they do. and imme
coming right back with lou dobbs, is the stock market over because of president obama's reelection? dobbs is next >> bill: back of the book tonight, yesterday business leaders met with president obama. among those were the ceo of general electric, big obama guy, who as you may know, somehow figured out how ge could pay no income tax in 2010. nothing! lou dobbs. this is a sweet deal, isn't it? the president want to go raise taxes on you and me, particularly you and me. i think we were...
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coming right back with lou dobbs, is the stock market over because of president obama's reelection? dobbs is next so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. o >> bill: back of the book tonight, yesterday business leaders met with president obama. among those were the ceo of general electric, big obama guy, who as you may know, somehow figured out how ge could pay no income tax in 2010. nothing! lou dobbs. this is a sweet deal, isn't it? the president want to go raise taxes on you and me, particularly you and me. i think we were mentioned at the press conference yesterday. all right. and corporations in general, and then he invites immelt, who didn't pay any taxes. >> it doesn't seem right, but i'll fore
coming right back with lou dobbs, is the stock market over because of president obama's reelection? dobbs is next so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ]...
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expressed his appreciation once again for obama's unequivocal, clear-sighted support for israel's right to defend itself. >> netanyahu is a very sharp character i can say from the experience i had when president clinton was not particularly a supporter of prime minister netanyahu there were times when that difference of political opinion came out, but when the chips are down -- >> a diplomatic way of putting it, jay. >> but when the trips were down, each side knows its operating for their country and not their party. look, it's going to have some discomfort. there will be some cracks made on the side and in the back rooms as these negotiations and discussions are going on. but right now, america is pursuing american foreign policy and israel pursuing its and these two individuals will try to hold their tongues. >> it certainly is a situation that is fluid and we will continue to monitor. always great to have you. thank you so much to jamie rubin. >> as the cia launches its own probe into its intelligence officer, eric holder explains why the justice department waited to inform the white
expressed his appreciation once again for obama's unequivocal, clear-sighted support for israel's right to defend itself. >> netanyahu is a very sharp character i can say from the experience i had when president clinton was not particularly a supporter of prime minister netanyahu there were times when that difference of political opinion came out, but when the chips are down -- >> a diplomatic way of putting it, jay. >> but when the trips were down, each side knows its...
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all the right words were used. two seem after a key meeting between president obama and congressional leaders. however, a nuclear threat remains. a report that just came out a short time ago will add to worry on everything. the international nuclear agency says iran has just made some progress toward a nuclear weapon. >>> sue herera is off today. simon is in at the new york stock exchange and we will go to him in a moment. >>> but our top story is inz of rising above. maybe, just maybe. john harwood at the white house as a meeting between the president and congressional leaders wrapped up within the last hour or so. john? sum it up for us. >> tyler, it's a long way to the finish line but if you want to have a positive auspicious start to the negotiations, that's exactly what we got here at the white house. president obama brought the bipartisan leaders together. he spoke from a position of confidence having just won the election but he said we need to find common ground and when the bipartisan leadership walked out
all the right words were used. two seem after a key meeting between president obama and congressional leaders. however, a nuclear threat remains. a report that just came out a short time ago will add to worry on everything. the international nuclear agency says iran has just made some progress toward a nuclear weapon. >>> sue herera is off today. simon is in at the new york stock exchange and we will go to him in a moment. >>> but our top story is inz of rising above. maybe,...
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hussein obama seriously this is what they're saying to republican controlled states legislatures have already passed resolutions condemning the un's agenda twenty one and last week the speaker of the georgia house of representatives chip rogers broad field seriously into the georgia house to explain via a powerpoint presentation how this mind control will destroy america says he told the assembled republicans and told me today on the radio that obama's mind control techniques called the delphi technique was developed by the rand corporation during the cold war and obama and the un are using it on us not only that seriously said this is comparable to joe stalin's five year plans and mounts it sounds great leap forward neither of those in retrospect worked out all that well but on the other hand neither those have anything to do at least here in the reality based world with the united nations or agenda twenty one but don't try to convince republicans in the south about that soon georgia will probably join kansas and tennessee in approving a bill that condemns the un's project to educate
hussein obama seriously this is what they're saying to republican controlled states legislatures have already passed resolutions condemning the un's agenda twenty one and last week the speaker of the georgia house of representatives chip rogers broad field seriously into the georgia house to explain via a powerpoint presentation how this mind control will destroy america says he told the assembled republicans and told me today on the radio that obama's mind control techniques called the delphi...
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she said president obama told benjamin netanyahu that he understands israel's right to self-defense in light of countless rocket attacks on israeli civilians being launched from gaza. the president urged that prime minister netanyahu make every effort to avoid civilian casualties. do we think this administration has were leverage in making sure that happens? >> i mean, the israelis really feel that they have gone too far. they simply could not hold back from defending themselves because of the hundreds of attacks. trying to stop that, trying to tell israel not to defend itself is really impossible, but that said, the danger of this, of course escalation and all-out war is really very high. that's why this administration is trying to, you know, urge both sides to stop. it's obviously not being very successful. >> you know, tony blair has put a lot of political capital in this trying to come up with a peace agreement for the middle east. he spoke about this recently, what he sees is happening. i want to play a little bit for you. >> the single thing that's most important straight away is
she said president obama told benjamin netanyahu that he understands israel's right to self-defense in light of countless rocket attacks on israeli civilians being launched from gaza. the president urged that prime minister netanyahu make every effort to avoid civilian casualties. do we think this administration has were leverage in making sure that happens? >> i mean, the israelis really feel that they have gone too far. they simply could not hold back from defending themselves because...
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healthcare access and promotion of the dream act and gay rights. republican governor bobby jindal first attacked that comment wednesday and there is no sign that he's letting up now. just yesterday jindal told cnn if you want voters to like you you have to like them first. and the party needs to appeal to 100% of the electorate. not just 53. that's of course in reference to romney's 47% video. now new mexico governor susanna martinez is adding to that saying romney's remarks demonstrates what sets the party back. and that is that they do not think through their comments very carefully. more bad news for republicans. citizens for responsibility and ethics in washington, that's drew crew is filing complaints with the s.e.c. and the fbi against karl rove and his super pac crossroads gps. crossroads is a 501c4 organization. now that means that it only has to disclose its donors if they give more than $200 to an independent expenditure like a specific candidate. the nonpartisan group crew, says rowe received millions in support of ohio senate candidate
healthcare access and promotion of the dream act and gay rights. republican governor bobby jindal first attacked that comment wednesday and there is no sign that he's letting up now. just yesterday jindal told cnn if you want voters to like you you have to like them first. and the party needs to appeal to 100% of the electorate. not just 53. that's of course in reference to romney's 47% video. now new mexico governor susanna martinez is adding to that saying romney's remarks demonstrates what...
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to make it happen right now. here is mitt romney trying to figure out the name of that thing that we americans call. i'm sorry i missed you guys here's what you said. you know what it is my tears. want to listen to featuring the liberal press. because usually. you know you distract us from what you want. i should care about because they're a profit driven industry that's facials the garbage he calls it breaking news i'm having martin and we're going to break that. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and you hear or see some other part of it and realized everything you thought you knew you don't know i'm sorry welcome to the big picture. and screwed news the question of who will represent florida's eighteenth congressional district is not yet although democratic candidate patrick murphy was declared the winner in the race and was even attending orientation on capitol hill his opponent freshman tea party congressman allen west is refusin
to make it happen right now. here is mitt romney trying to figure out the name of that thing that we americans call. i'm sorry i missed you guys here's what you said. you know what it is my tears. want to listen to featuring the liberal press. because usually. you know you distract us from what you want. i should care about because they're a profit driven industry that's facials the garbage he calls it breaking news i'm having martin and we're going to break that. you know sometimes you see a...
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has a legacy that he has to protect right now. have watched as democrats have picked up seats in the senate and the house and president obama has been reelected. they do not want to be seen as obstacles to a deal that pushes the economy into a better place. both sides have some political reason to do business right now. in the short term, there will be some kind of bridge. lori: speaking of that bridge in the republican, we did hear from john boehner once today. revenue has to be part of this deal. that is -- what do you mean that means? >> i think what it means is they have been talking about raising taxes on people making more than 250,000 were certainly more thhn 1 million. the billion landmark is acceptable. what really will go on is democrats will insist on more than $250,000. republicans may lower their estimates for people who are billionaires for people who make half a million. melissa: to think we will see any real spending cuts, though? >> oh, absolutely. if you go back to simpson bowles, if you talk about democrats, peo
has a legacy that he has to protect right now. have watched as democrats have picked up seats in the senate and the house and president obama has been reelected. they do not want to be seen as obstacles to a deal that pushes the economy into a better place. both sides have some political reason to do business right now. in the short term, there will be some kind of bridge. lori: speaking of that bridge in the republican, we did hear from john boehner once today. revenue has to be part of this...
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"hardball" starts right now. >>> romney says obama bought the election. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let me start tonight with this. you'd have thought that mitt romney would have stopped this crap. during the campaign he was out there selling it, that president obama was buying black votes by dumping the work requirement for welfare. remember that little sugar plum? it had it all, the accusation that minority voters could be scarfed up with a little chump change. throw them a little something and the votes would come pouring back. here he was yesterday, romney, schmoozing with his donor base about how the whole thing went wrong. it seems the president did a little wholesale purchasing, he said. he bought the minority with health care and bought the students with free student loans. great work there, mitt. you're at it again with your double barrels. one, claims that aren't true, and, two, that old dog whistle of yours. fact. people in the income bracket you mentioned have to kick in to get health care. fa
"hardball" starts right now. >>> romney says obama bought the election. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let me start tonight with this. you'd have thought that mitt romney would have stopped this crap. during the campaign he was out there selling it, that president obama was buying black votes by dumping the work requirement for welfare. remember that little sugar plum? it had it all, the accusation that...
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right to defend itself. >> reporter: days after winning re-election, the president is faced with a widening conflict that has potential to destabilize an already unstable region. of course in the united states and here in the region, everyone is hoping this is over quickly. no one can afford a wider war. >> thank you, for that. >> the israeli military, media office, twitter account, gained 50,000 followers in the past 24 hours. hamas has a facebook page and all playing out on line and on the ground. >> hamas threatening israel saying they have opened the gates of hell by assassinating one of their top leaders. >> we will be back with more right after this. stay with us, everybody. >>> as we all know we are becoming a digital nation. it all begins with books. for too many children, books just aren't a big part of their lives. >> one group set out to remedy that. yesterday it reached a milestone. bringing smiles to 100 million boys and girls. abc's terry moran has the story. >> reporter: you remember, your first book. a moment filled with bright dreams and possibilities. and in washington, d.
right to defend itself. >> reporter: days after winning re-election, the president is faced with a widening conflict that has potential to destabilize an already unstable region. of course in the united states and here in the region, everyone is hoping this is over quickly. no one can afford a wider war. >> thank you, for that. >> the israeli military, media office, twitter account, gained 50,000 followers in the past 24 hours. hamas has a facebook page and all playing out on...
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they believed the obama administration should have known right away this was not as spontaneous attack. they want to know who knew what, when. did the president know about the attack? when did his national security team know about the attack? there were people in tripoli and libya with the state department saying there was not enough security concerns because of some of the things going on in libya at the time. good >> the senators made remarks about you in ambassador susan rice. what did they say? >> basically, they do not trust her. they think she should have known better. it looked to be a spontaneous response. they think it is clear there was an organized element. the white house is saying, and today we heard from a democrat who said the intelligence community reaffirmed that was the best information they had at the time. she was repeating the information they provided her. now those intelligence committees, they will hear from david petraeus. what do they want to know from former director petraeus? >> they said this was going to be specifically about benghazi. there is not going t
they believed the obama administration should have known right away this was not as spontaneous attack. they want to know who knew what, when. did the president know about the attack? when did his national security team know about the attack? there were people in tripoli and libya with the state department saying there was not enough security concerns because of some of the things going on in libya at the time. good >> the senators made remarks about you in ambassador susan rice. what did...
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there's chuck schumer right behind him. this is "hardball," the place for politics. [ woman ] my washer had a foul odor that made the whole room stink. [ woman #2 ] even my laundry started to get a funny smell. [ female announcer ] just three uses of tide washing machine cleaner will help remove odor-causing residues and leave your high-efficiency washer clean and fresh. clean laundry starts with a clean washer. >>> mitt romney failed to carry his home state of massachusetts and the romney/ryan ticket didn't win paul ryan's home state of wisconsin either. 20 presidential tickets in american history have lost both their home states, although romney and ryan are the first to reach that level of futility since 1972 when george mcgovern and sargent shriver didn't carry either of their home states, south dakota or maryland. we'll be right back. >>> i'm very proud of you, new york. you guys are tough. you bounce back. just as america always bounces back. the same is going to be true this time out. >> we're back. that was presiden
there's chuck schumer right behind him. this is "hardball," the place for politics. [ woman ] my washer had a foul odor that made the whole room stink. [ woman #2 ] even my laundry started to get a funny smell. [ female announcer ] just three uses of tide washing machine cleaner will help remove odor-causing residues and leave your high-efficiency washer clean and fresh. clean laundry starts with a clean washer. >>> mitt romney failed to carry his home state of massachusetts...
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complex, barack obama's team is organizing. and they're targeting. and instead of talking about conspiracies in the media, josh, they're targeting voters in ohio. instead of talking about how the polls are skewed, they're making phone calls. while we are basically in this cocoon where our websites, our tv shows and our radio shows, talk show hosts are telling us, everything's okay. you're going to win. and anybody that says otherwise is just a part of the left-wing socialist conspiracy. >> i think that's why there was that thunderstruck disbelief among conservatives and apparently among romney himself the day after the election that they had actually lost. they didn't belief it would happen. and i think if romney had had a chance to break free of that entertainment complex, hadn't felt obligated to consistently kind of pander to it in his ineffective style, it would be more like the romney in the first debate who had that broader appeal that you're talking about, he might have been more successful. >> i'm going to save the supe
complex, barack obama's team is organizing. and they're targeting. and instead of talking about conspiracies in the media, josh, they're targeting voters in ohio. instead of talking about how the polls are skewed, they're making phone calls. while we are basically in this cocoon where our websites, our tv shows and our radio shows, talk show hosts are telling us, everything's okay. you're going to win. and anybody that says otherwise is just a part of the left-wing socialist conspiracy....
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jon: right. >> that's a great point. jon: he told those two male senators, mccain and lindsey graham, called them out by name and said, essentially, if you want to criticize her, come after me. [laughter] interesting times in washington. judy miller, kirsten powers, thank you both. >> thank you. jon: be sure to tune in tomorrow, 2:30 eastern time and again at 11:30 p.m. where we will cover the coverage and uncover media bias, or so we hope. and right after "happening now," be sure to tune in to "america live" with megyn kelly. she talked with congressman peter king. he has a lot to say about the administration's story after the benghazi attacks and about the petraeus testimony that took place behind closed doors just this morning. jenna: we'll look forward to that, a lot more clarity on what he's thinking right now. in the meantime, we're going to move on to this part of hurricane sandy. from new jersey to new york, places of worship are struggling to recover after that storm's wrath. normally, a place of worship is a pl
jon: right. >> that's a great point. jon: he told those two male senators, mccain and lindsey graham, called them out by name and said, essentially, if you want to criticize her, come after me. [laughter] interesting times in washington. judy miller, kirsten powers, thank you both. >> thank you. jon: be sure to tune in tomorrow, 2:30 eastern time and again at 11:30 p.m. where we will cover the coverage and uncover media bias, or so we hope. and right after "happening now,"...
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thank you very much everybody. >> president obama on staten island. >> all right, guys, hang in there. >> coming up, reaction to the hearings about the september 11 attack of the u.s. consulate in benghazi. and then the confirmation hearing and then eric holder on the deal for the settlement with bp oil. the federal reserve chairman alan greenspan and paul volcker held a forum on the fiscal cliff. we will bring the event to you live starting at 8:15 eastern on c-span 2. the house and senate intelligence committee held meetings looking into the libya. next we hear from house select intelligence committee ranking member, diane feinstein and the vice chairman. >> do you still talk with an accent? i think what is important about the hearing is the fact that members of the intelligence committee were able to get a lot of facts. i think what really occurred as far as benghazi was concerned, we went through a timeline. we went through representatives , the cia, and the fbi, and i think when members were able to see the time line, the sense was still the same. you have a group of extremists w
thank you very much everybody. >> president obama on staten island. >> all right, guys, hang in there. >> coming up, reaction to the hearings about the september 11 attack of the u.s. consulate in benghazi. and then the confirmation hearing and then eric holder on the deal for the settlement with bp oil. the federal reserve chairman alan greenspan and paul volcker held a forum on the fiscal cliff. we will bring the event to you live starting at 8:15 eastern on c-span 2. the...
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what we need right now is continuation of stimulus. that's what he said when he was standing by obama's side when they extended the bush tax cut. do you agree in the conversation you're having we need to have a grand bargain and need do go in to effect right away. do you agree with in get the grand bargain but delay if for a year or two as some people even in the democratic side of the debate have argued? >> my job is economic policy adviser. i really -- best believing the politic role to someone else. i can tell you as a economist, the right strategy is to get our fiscal house in order. make lasting commitment to show we can do it and do do that. that require additional revenue as well as spending cut and we want to help the economy in the short run. the president proposed fax cuts that would help the economy. the worst kind of stimulus is tax cut for the wealthy. the group that has for the lowest marginal propensity to consume are the wealthy. the congressional budget office last week released a report which concluded that extending
what we need right now is continuation of stimulus. that's what he said when he was standing by obama's side when they extended the bush tax cut. do you agree in the conversation you're having we need to have a grand bargain and need do go in to effect right away. do you agree with in get the grand bargain but delay if for a year or two as some people even in the democratic side of the debate have argued? >> my job is economic policy adviser. i really -- best believing the politic role to...
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"squawk on the street" begins right now. >>> president obama has already met with labor leaders, progressives and a dozen ceos but this morning he holds a meeting with congressional leaders on avoiding a fiscal cliff. wall street wants to know if they can strike a deal. welcome to "squawk on the street" i'm ellitel melissa lee. carl quintanilla is at the white house this morning. good morning. >> good morning. as you mention, melissa, an amazing week of meeting at the white house. none of them really matter when you put them up against the meeting that's about to happen in this building in an hour from now. speaker boehner, senator mcconnell, senator reid, democratic leader pelosi, all will come here and speak for a couple hours. day one of negotiations. nobody is expecting huge news but as jim has already tweeted out this morning, the market is going to look for signs that this tone of compromise that we've heard so much about all week long is that for real or are talks going to break down in early stages? the market specifically is going to depend on that tone today and we'll bring that liv
"squawk on the street" begins right now. >>> president obama has already met with labor leaders, progressives and a dozen ceos but this morning he holds a meeting with congressional leaders on avoiding a fiscal cliff. wall street wants to know if they can strike a deal. welcome to "squawk on the street" i'm ellitel melissa lee. carl quintanilla is at the white house this morning. good morning. >> good morning. as you mention, melissa, an amazing week of...
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president obama is right, things are gradually getting better. but as everybody knows, they're not getting better fast enough. we're probably going to see a return to the lower trend line. that's as jennifer says, not good enough for anybody. we need faster job growth and more people getting hired. >> gretchen: stick around, panel, because this is the next topic. is ambassador rice the u.n. ambassador action the rye pick for secretary of state? how about john kerry for secretary of defense? and can you tell what's wrong with this picture? the mistake actually put one guy behind bars hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! wow. it's the honey, it makes it taste so... well, would you look at the time... what's the rush? be happy. be healthy. >> brian: news by the numbers. 5%. that's how much extra people are going to have to pay at denny's restaurants in florida. franchise owner says he is slapping on the charge to each bill to offset the cost of obamacare. next, $100 bill t
president obama is right, things are gradually getting better. but as everybody knows, they're not getting better fast enough. we're probably going to see a return to the lower trend line. that's as jennifer says, not good enough for anybody. we need faster job growth and more people getting hired. >> gretchen: stick around, panel, because this is the next topic. is ambassador rice the u.n. ambassador action the rye pick for secretary of state? how about john kerry for secretary of...
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obama has at this point said that so much times that, i don't know, he's kind of like drawing a line in the sand there. >> oh, yeah. >> we decided yesterday that was one thing that he is at 250 and 39.6. >> i'm still not convinced it's 39.6%. i do think 250 is the line. >> i don't think we're 35% and trying to find deductions anymore. >> the house was 55% stayed republican. so they have the same claim that their constituents elected them to hold the line on this. i saw comments from dave camp that this game that he keeps playing with, i've got the pen, i'm ready to sign it, it's just delaying. it's a nonstarter according to the people that stopped it the last intwo years. >> today is the first day that they'll all be meeting at the white house. and today is the first day that we don't know what's going to happen. >> the issues are so big in terms of entitlements. the fiscal cliff is one thin, but the issues are so -- the figure c fiscal abyss. $80 billion a year is what we're talking about. >> i listened to an interview with senator patty murray this morning on npr and she's ready to
obama has at this point said that so much times that, i don't know, he's kind of like drawing a line in the sand there. >> oh, yeah. >> we decided yesterday that was one thing that he is at 250 and 39.6. >> i'm still not convinced it's 39.6%. i do think 250 is the line. >> i don't think we're 35% and trying to find deductions anymore. >> the house was 55% stayed republican. so they have the same claim that their constituents elected them to hold the line on this. i...
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we'll be right back. ♪ >>> president obama has seen firsthand the damage from hurricane sandy in the new york city area. the president toured hard hit staten island thursday with mayor bloomburg. many people who met with the president yesterday brought up the fact they feel the government's response wasn't fast enough. >>> it is likely little comfort for the storm victims, but an an analyst says the amount of time they've been doing without power is extraordinary. >> energy department records show it took 13 days for power to be 95% restored in new york. new jersey reached the same level in 11 days. >>> take a look at this, new video coming in, a surveillance camera captured some of the flooding and damage in hoboken, new jersey. more than two weeks after hurricane sandy, the train system is operating under limited service. no word yet on a time line for full restoration. that looks like historic -- >> you saw how high the water was. >> unbelievable. unbelievable video. >>> 8:26 now. it's a friday morning. a former wnba star who played in the district is under arrest. we'll explain.
we'll be right back. ♪ >>> president obama has seen firsthand the damage from hurricane sandy in the new york city area. the president toured hard hit staten island thursday with mayor bloomburg. many people who met with the president yesterday brought up the fact they feel the government's response wasn't fast enough. >>> it is likely little comfort for the storm victims, but an an analyst says the amount of time they've been doing without power is extraordinary. >>...
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i think that what we are dealing with right at this moment is a signal from senator mccain that they are not going to cooperate with the second administration of barack obama, that they are going to stall out all of his nominations. this is their warning shot that they are going to filibuster her appointment and perhaps anybody else's. i think that's what it is. and here is the intelligence committee member. >> again, i'm really confused. the only point in contention really is whether or not this attack emerged from a protest and as soon as the information became clearer and it did take some time for that to happen, then that was perfectly clarified. there is absolutely -- it's inconceivable to me for anybody to speculate there would be a deliberate misleading of the american people. why would there be? it's perfectly inconsequential al. there was a spontaneous demonstration and the terrorist groups organize niced to take tunistic advantage of it or not. in any case, there is no advantage to mislead the american people in that regard. i mean you have to have motivation behind it and
i think that what we are dealing with right at this moment is a signal from senator mccain that they are not going to cooperate with the second administration of barack obama, that they are going to stall out all of his nominations. this is their warning shot that they are going to filibuster her appointment and perhaps anybody else's. i think that's what it is. and here is the intelligence committee member. >> again, i'm really confused. the only point in contention really is whether or...
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from president obama to our historic numbers of democratic women. and out of the problems we test and we asked them about everything because you know how this polling goes. i'm thrilled they were thrilled to do one more poll after the election, the candidates they voted against they were really concerned those candidates were going to take us back to the failed policies of the past. they got it. they don't want to roll the clocks back. they want to move forward. and more than being wrong on any issue of debt or health care or taxes, women recognized the total "mad men" gop agenda is what they did not want and they reacted that way. i say the growth will be sustainable in years to come. we have the right agenda and we just need to keep building and talking to our women, our fellow sisters across the country and the men who stand with us because they know that together we can make a great, great difference. and with that, i think about just some of the incredible women who have done so much and we do have a couple of special guests here today and if i
from president obama to our historic numbers of democratic women. and out of the problems we test and we asked them about everything because you know how this polling goes. i'm thrilled they were thrilled to do one more poll after the election, the candidates they voted against they were really concerned those candidates were going to take us back to the failed policies of the past. they got it. they don't want to roll the clocks back. they want to move forward. and more than being wrong on any...